GDP inEconomics topic From Longman Dictionary of Contemporary EnglishGDP/ˌdʒiː diː ˈpiː/noun[singular](gross domestic product)thetotalvalueof all goods and services produced in a country, in one year,exceptforincomereceivedfrom abroad→GNP...
Define GDP. GDP synonyms, GDP pronunciation, GDP translation, English dictionary definition of GDP. abbr. gross domestic product American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Pub
Gross Domestic Product (GDP) definition in economics is the sum of all goods and services produced and consumed within a country's borders. GDP is the most general way to measure a country's economic growth. GDP can be calculated using various methods such as the expenditure output model and...
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In economics, this term generally used to determine the final value of products and services that a nation will produce in a particular year. Answer and Explanation:1 Yes, the salaries paid to college professors are counter towards estimating the GDP. This is so because while estimating GDP th...
Definition:Gross Domestic Product, or GDP, represents the total value of a country’s economic output in a given time period. In other words, it’s the dollar amount of all goods and services that a country produces during the period. The GDP formula is calculated by adding up all of con...
[经济学]01-chapter5GDP Macroeconomics thepartofeconomicsconcernedwiththeeconomyasawhole.aggregate;totaloutput;totalemployment;totalincome;aggregateexpenditures;generallevelofprices Macroeconomicsexaminesthebeach,notthesand,rocks,andshells.2 Chapter5 MeasuringtheEconomy’sOutput 3 MainPoints 1.DefinitionofGDP 2....
Collins Chinese Dictionary Plus (3rd edition), 2011: GDPn abbr=gross domestic product国(國)内(內)生产(產)总(總)值guónèi shēngchǎn zǒngzhí 在单词列表中:Economics,更多…… 标题中含有单词 'GDP' 的论坛讨论: Go toPreferencespage and choose from different actions for taps or mouse clicks...
What is the measure of GDP and changes in GDP over time used for? What is GDP and how is it measured? Evaluate the validity of using GDP as a measure of economic output. What is the definition of GDP and GDP per capita? What was the value of GDP and GDP per capita for the US ...
Part of the Series Guide to Economics What Is Gross Domestic Product (GDP)? Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic ...